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Agricultural Credit and Farm Output of Cooperative Members in Anambra State, Nigeria

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Agricultural Credit and Farm Output of Cooperative Members in Anambra State, Nigeria


Francis O. Nwankwo PhD | Okenwa C. Ogbodo PhD | Faith C. Onwuchekwa

https://doi.org/10.31142/ijtsrd22955



Francis O. Nwankwo PhD | Okenwa C. Ogbodo PhD | Faith C. Onwuchekwa "Agricultural Credit and Farm Output of Cooperative Members in Anambra State, Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-3, April 2019, pp.557-563, URL: https://www.ijtsrd.com/papers/ijtsrd22955.pdf

This study examined the effect of agricultural credit on farm output of members of selected cooperative societies in Anambra State Nigeria. Data was collected from 260 cooperative farmers from 10 cooperative societies in Anambra East LGA in Anambra State. Also 260 non-cooperative farmers were equally selected to act as control group Descriptive and inferential were applied to collected data. Evidence from the study showed that cooperative members had more access to agricultural credit than non-members. Furthermore, results from the regression analysis showed that farm size, farm inputs, credit and access to cooperative credit were positive and important determinants of farm output. The implication of the significance of access to cooperative credit is a confirmation of the primacy of cooperative as a source of credit to rural farmers. Indeed, significance of use of credit and access to cooperative credit equally confirms the main thrust of Vroom’s expectancy theory that a particular course of action is chosen based upon perceptions, attitudes, and beliefs of a positive return.

Agricultural cooperatives, credit, farm inputs, production function, expectancy theory


IJTSRD22955
Volume-3 | Issue-3, April 2019
557-563
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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